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Vietnam’s real estate market is recording mixed developments. Supply in the first half of the year increased by about 40%, but most products are either high-priced or located far from central areas, while higher borrowing costs continue to make home purchases difficult for many people. In the social housing segment, the Hoang Nam Uyen Hung 2 project in Tan Uyen Ward, Ho Chi Minh City, is expected to accept applications in the fourth quarter, offering more than 800 units at a provisional price from VND 19.8 million per square meter. In Quang Ninh, Vingroup has been approved to sell more than 3,200 low-rise homes at the Ha Long Xanh integrated township. Ho Chi Minh City is also preparing to auction 92 hectares of land in Ben Cat, with a provisional starting price of more than VND 2,756 billion. From the business and investment perspective, declining liquidity, rising interest rates and tighter credit controls are forcing many property companies to scale down operations, cut costs and s...

The real estate market is seeing notable developments in supply, prices and regulatory management. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by around 2 to 3 percent compared with the previous quarter. Although supply increased by approximately 40 percent in the first half of the year, most products are either highly priced or located far from central areas. Higher borrowing costs have also made homeownership difficult for many people. In the social housing segment, Ho Chi Minh City has started construction of the CT-3 project in Binh Hung Commune, adding 342 apartments. Meanwhile, Vinhomes’ more than 600 hectare mixed-use urban area in southern Hanoi is expected to include resettlement housing, social housing and commercial housing for more than 105,000 residents. Regarding project supply and investment activity, the Quang Ninh Department of Construction approved Vingroup’s sale of more ...

The domestic real estate market is showing mixed developments. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by about 2-3% from the previous quarter. Foreign direct investment into real estate continues to rise but is becoming increasingly selective, focusing on projects with practical operating efficiency. At the same time, some businesses still have to wait years to complete land price determination despite already having land lease decisions, significantly shortening the actual project exploitation period. For time-limited real estate ownership, the ability to generate cash flow and preserve asset value during the usage period is being considered alongside location, legal status and market demand. Regarding supply and policy, the Quang Ninh Department of Construction approved Vingroup's sale of more than 3,200 low-rise homes at the Ha Long Xanh Complex Urban Area. Ho Chi Minh City gain...

The real estate market is recording notable developments in land-related procedures, auctions, housing development and investment capital. One major concern is the situation in which businesses have received land lease decisions but still have to wait years to complete land price determination, significantly shortening the actual time available to operate their projects. Meanwhile, from September 1, every land parcel and construction project will receive a unique 12-digit identification code displayed on VNeID under Decree 326. In Ho Chi Minh City, the minimum area for land parcel separation is set at 36 to 100 square meters depending on the area. The city is also preparing to auction 92 hectares of land in Ben Cat, with a provisional starting price of more than VND 2,756 billion. Eight land parcels in the Cau Giay new urban area are also expected to be auctioned, with starting prices ranging from VND 15.3 billion to VND 40.8 billion per lot. In project development, the Quang Ninh De...

The real estate market continues to see active investment and capital flows, although investors are becoming increasingly selective. According to the Ministry of Construction, foreign direct investment in real estate is still rising but is increasingly focused on projects capable of generating practical operating efficiency. In the industrial property segment, Tay Ninh approved the Tan Lan 3 Industrial Park, covering approximately 336 hectares with total capital of VND 8.45 trillion, while Da Nang has launched a series of key industrial park projects in the south with combined investment worth trillions of dong. The nearly 200-hectare FPT Digital Technology Park is also expected to put its first component into operation from 2027. Meanwhile, VinSpeed’s 121-kilometre high-speed railway project from Hanoi to Ha Long will require more than 568 hectares of land, half of which is located in Quang Ninh. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment ...

Vietnam’s real estate market is seeing a range of notable developments involving land auctions, urban development and policy adjustments. In Hanoi, eight land plots in the new Cau Giay urban area are set to be auctioned, with starting prices ranging from VND 15.3 billion to VND 40.8 billion per lot. Also in the southern part of the capital, Vinhomes’ multi-purpose urban area spanning more than 600 hectares is expected to include resettlement housing, social housing and commercial properties, serving more than 105,000 residents. Meanwhile, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186 trillion and Sun Group as the investor, was launched on the afternoon of August 28. In Ho Chi Minh City, the minimum area required for land subdivision ranges from 36 to 100 square meters depending on the location. Several previously applied thresholds remain in effect, while new levels have been added after the merger. Affordable housing remains a major c...

The real estate market is seeing a series of notable developments in planning, infrastructure and urban development. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186,000 billion and Sun Group as the investor, was launched on the afternoon of August 28. Meanwhile, VinSpeed’s 121-kilometer high-speed railway from Hanoi to Ha Long is expected to require more than 568 hectares of land, half of which will be in Quang Ninh. FPT’s nearly 200-hectare Digital Technology Park urban area may also put its first component into operation from 2027. In the south, southern Ho Chi Minh City is expected to account for more than half of the city’s new apartment supply toward the end of the year, supported by the simultaneous launches of several projects. Alongside supply, affordability remains a major concern. Promotional home-loan interest rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, considerabl...